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Code · Nebraska · Chapter 44 — Insurance

44-1083. Creation of not-for-profit institution; authorized.

60 words·~1 min read·/ne/chapter-44/44-1083

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A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by subdivision (1)(b) of section 44-1076 . Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.
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